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← Posted to Billy Mitchell’s Blog 11/19/2015
Post To Ellen Brown’s Forum 11/20/2015 →

The Paradox of Thrift Resolved

Posted by chdwr

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Simonsky, Yes, for instance the paradox of thrift is actually simply the refusal to acknowledge that the economic system is basically disequilibrated by a continual and dynamic scarcity of total individual incomes in simultaneous ratio to total costs/prices, and that a continuing supplement to individual incomes would resolve the individual aspect of that problem and a discount to prices to consumers by retail merchants that was rebated back to them would resolve the cost/price aspect of the problem.

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← Posted to Billy Mitchell’s Blog 11/19/2015
Post To Ellen Brown’s Forum 11/20/2015 →
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